PUBLISHER: Market Research Future | PRODUCT CODE: 1613800
PUBLISHER: Market Research Future | PRODUCT CODE: 1613800
Global Smart Irrigation Market Research Report by Component (Controllers, Sensors, Water Flow Meters, Others), By System Type (Weather Based Controller Systems and Sensor Based Controller Systems), By Application (Agricultural {Green house, Open Field}, Non-Agricultural {Residential, Turf and Landscape, Golf Courses, Others}), By Region (North America, Asia Pacific, Europe, Rest of the World)) Industry Forecast Till 2030
The smart irrigation market was projected to be worth USD 1,492.8 million in 2023. The smart irrigation market is anticipated to develop at a compound annual growth rate (CAGR) of 14.3% from USD 1,733.1 million in 2024 to USD 4,984.2 million by 2030.
By automating the irrigation system with controllers, sensors, and meters, smart irrigation systems keep an eye on the weather, soil, and water conditions. This makes the system effective, data-driven, and economical. By using controllers that assist in assessing and identifying issues with real-time irrigation system monitoring, adopting an intelligent irrigation system can help farmers avoid a variety of mistakes and take corrective action. The smart irrigation market is expanding due to the government's strict water conservation regulations and the use of IoT-based architecture.
As an alternative to conventional irrigation systems, smart irrigation systems have grown in popularity recently. This is mostly because farmers and other stakeholders can now monitor and control irrigation systems more easily because to developments in communication technology. The extensive usage of mobile phones, especially those with internet access, has greatly facilitated this shift. As a result, mobile phones have become essential tools for farmers, who can now use some of the programs made for them to get vital information on crop, soil, and weather conditions.
Insights from market segments
Controllers, sensors, water flow meters, and other components are among the components that make up the global smart irrigation market, which is categorized by type in this study.
According to system type, this study splits the global smart irrigation market into two segments: sensor-based controller systems and weather-based controller systems.
Based on application, this analysis separates the global smart irrigation market into two segments: non-agricultural and agricultural.
Regional perspectives
The markets in North America, Europe, Asia, the Middle East, and Africa are the main subjects of the study. North America had the biggest market share in 2023. Government programs, technological advancements, and the need for sustainable farming practices have all contributed to the notable growth of the smart irrigation industry in North America.
As the need for efficient water management in agriculture increases, smart irrigation is becoming more and more popular in Europe. Advanced technology like sensors, weather forecasts, and data analysis have helped farmers better manage their water supply, save money, and boost yields.
In Asia-Pacific, there is an increasing need for efficient irrigation systems due to rapid urbanization and water scarcity. A key component of modern good farming in Asia and the Pacific is smart irrigation, which maximizes water resources.
The Toro Company, Hunter Industries, Rain Bird Corporation, RainMachine - Green Electronics LLC, ET Water (Jain Irrigation, Inc.), Rain Bird Corporation, HydroPoint, Rachio, Banyan Water, Galcon, Weathermatic, Skydrop, Delta-T Devices, and Scotts Miracle-Gro are some of the leading businesses in the market.